Hess Corporation (HES)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 2,721,000 | 2,262,000 | 3,410,000 | 2,929,000 | 3,416,000 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $2,721,000K ÷ $—K
= —
The payables turnover ratio for Hess Corporation is not available for the years 2020, 2021, 2022, 2023, and 2024 based on the provided data. Payables turnover ratio is a financial metric used to assess how efficiently a company is managing its payables by comparing the amount owed to suppliers to the company's cost of goods sold. Without this specific ratio data, it is challenging to evaluate Hess Corporation's ability to effectively manage its accounts payable and liquidity position. A consistent absence of payables turnover data may limit the depth of analysis regarding Hess Corporation's working capital management practices during the specified years.
Peer comparison
Dec 31, 2024